123greetings has range of over 20,000 electronic greeting cards designed to cater to varying geographical and religious celebrations, occasions and other events.
Company has a team consisting of 16 creative professionals who develop in-house content including artistic, photographic and musical content for its electronic greeting cards.
Company doesn't charge its users for accessing and sending electronic greetings and derive its revenues almost entirely from online advertising revenues and software development services.
Company Promoters:
The promoters of Intrasoft Technologies Limited are:
1. Arvind Kajaria, aged 45 years, is the Managing Director of the Company.
2. Sharad Kajaria, aged 33 years, is a Whole time Director of the Company.
Objects of the Issue:
The object of the issue are:
1. Branding and Promotion;
2. Purchasing a corporate office at Kolkata;
3. Investment in technology infrastructure;
4. General corporate purposes;
5. Issue related expenses; and
6. Achieve the benefits of listing on the Stock Exchanges.
Issue Detail:
»» Issue Open: Mar 23, 2010 - Mar 26, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 3,700,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 50.69 - 53.65 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 137 - Rs. 145 Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE
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